LANSON-BCC (EPA:ALLAN) - LANSON-BCC: 2020 FIRST-HALF REVENUES: €74.13M

Transparency directive : regulatory news

23/07/2020 17:45

PRESS RELEASE

2020 FIRST-HALF REVENUES: EUR74.13M

Reims, Thursday July 23, 2020 - 5:45pm - Thanks to the first quarter's
significant progress and some exceptional sales recorded in June, the
LANSON-BCC Group is reporting consolidated revenues of EUR74.13m for the first
half of 2020, down -6.7% compared with EUR79.47m for the first half of 2019.
However, it is important to note that the first half of 2019 contracted by
9.9%.

Excluding the brokerage subsidiary, whose activity is traditionally subject to
fluctuations, the Group's consolidated revenues came to EUR73.45m, compared
with EUR77.94m for the first half of 2019 (-5.8%). During an unprecedented
crisis period, with global Champagne wine market volumes down 29.4% for the
first half of 2020 (provisional source: CIVC), sales for the Group's Maisons
have been very affected, in France and for export, from the hotel sector to
restaurants and wine stores. However, the good performance by the mail-order
(B to C) sector and the high level of shipments to certain European mass retail
operators made it possible to limit the consequences of this downturn. A
possible anticipation of needs by these retailers must be factored in when
assessing the Group's activity during this exceptional first half of the
year.
More than each year, LANSON-BCC would like to highlight that, with around one
third of sales recorded during the first half of the year, but half of fixed
costs, its revenues and earnings at June 30 cannot be representative of the
full-year figures.

2020 first-half earnings will be released on Thursday September 10, after close
of trading.

LANSON-BCC is a group built around eight Maisons producing Champagne wines,
created and led by Champagne families. It unites together outstanding Maisons,
renowned for their unique wines and benefiting from the effective fit between
their customer segments. The combination of ancestral know-how and modern
technical capabilities, creative independence and rational synergies enables
each one of its Maisons to develop its performances, ensuring the LANSON-BCC
Group's sustainability.
* Champagne Lanson, prestigious Maison founded 1760, Reims, holder of a Royal
Warrant since the time of Queen Victoria, 80% of Champagne sold on
international markets.
* Champagne Chanoine Frères, Maison founded 1730, Reims. Champagne sold
primarily for the European mass retail market. The Maison is reputed above all
for its attractive Tsarine cuvee.
* Champagne Boizel, Maison founded 1834, Epernay. Champagne distributed through
mail order in France (BtoC) and in traditional sectors for international
markets.
* Champagne De Venoge, Maison founded 1837, Epernay. Champagne sold on
selective retail markets, notably with its Cordon Bleu and Princes ranges and
its Louis XV grande cuvee.
* Champagne Besserat de Bellefon, Maison founded 1843, Epernay. Champagne
distributed through traditional networks (restaurants, wine stores), producer
of the renowned Cuvée des Moines.
* Champagne Philipponnat, Maison founded 1910, Mareuil sur Aÿ, owner of Clos
des Goisses. Champagne sold on selective retail markets and in the world's
leading restaurants.
* Maison Burtin, Epernay, private-label supplier for the European mass retail
market and also producer of Champagne Alfred Rothschild.
* Champagne Alexandre Bonnet, Les Riceys, owner of a vast vineyard, with wine
sold in traditional sectors, also producer of Rosé des Riceys.

www.lanson-bcc.com

Euronext Growth
ISIN: FR0004027068
Ticker: ALLAN
Reuters: ALLAN.PA
Bloomberg: ALLAN:FP
Indices: EN Growth Allshare, EnterNext PEA-PME 150

Eligible for SME
share-based savings schemes
(implementing order of March 5, 2014)

LANSON-BCC
Nicolas Roulleaux Dugage
Tel: +33 (0) 3 26 78 50 00
investisseurs@lansonbcc.com
actionnaires@lansonbcc.com

CALYPTUS
Cyril Combe
Tel: +33 (0)1 53 65 68 68
cyril.combe@calyptus.net

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07/03/2024 17:45

LANSON-BCC (EPA:ALLAN) - LANSON-BCC: 2020 FIRST-HALF REVENUES: €74.13M

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